Operating Subsidiary definition

Operating Subsidiary means a majority-owned subsidiary of a financial
Operating Subsidiary means any operating company that is a Subsidiary of KMI.
Operating Subsidiary means a company for which a state bank has the ownership, ability, or power to vote, directly, acting through one or more other persons, or otherwise indirectly, more than 50 percent of the outstanding shares of each class of voting securities or its equivalent of the company.

Examples of Operating Subsidiary in a sentence

Further, Jerry is the Chief Executive Officer of each Operating Subsidiary.

Each Operating Subsidiary will be located in a different region within the United States.

PLAs allow for fixed lease payments plus allocations of revenue, wherein KGEM would receive larger lease payments from the applicable Operating Subsidiary in the event revenues increase.

KGEM intends that the PLAs will allow for payments from the Operating Subsidiary to KGEM in amounts that closely approximate what would be KGEM’s share of net cash flows based on its pro-rata share of total development costs for the facilities owned by the applicable Operating Subsidiary.

As of the date hereof, other than the Partnership’s ownership of the Operating Subsidiary, none of the Partnership or the Operating Subsidiary owns, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity.


More Definitions of Operating Subsidiary

Operating Subsidiary means any operating company that is a Subsidiary of KMI. “Person” means any natural person, corporation, limited liability company, trust, joint
Operating Subsidiary means Silver Bay Property Corp., a Delaware corporation.
Operating Subsidiary means Mid-Con Energy Properties, LLC, a Delaware limited liability company and wholly-owned Subsidiary of the Partnership.
Operating Subsidiary means Semiconductor Components Industries, LLC.
Operating Subsidiary means, at any time, each Domestic Subsidiary of the New Parent at such time that is not a Special Purpose Entity.
Operating Subsidiary means NexMed (U.S.A.), Inc., a Delaware corporation which is wholly-owned by the Company.
Operating Subsidiary means Alliance Coal, LLC, a Delaware limited liability company, and any successors thereto.